It begins with former Air America CEO Evan Cohen, who resigned last year from the network after some of its more infamous early debacles. You might remember Cohen was a key part of an HBO documentary, detailing its first days.
Cohen also happened to serve on Gloria Wise's board and convinced club leader and community activist Charles Rosen to "invest" at least $480,000 in the upstart political talk network.
Rosen has recently resigned from the board, according to New York Nonprofit Press.
The money, intended as a loan to be repaid with interest, was agreed to by Rosen after being sold on the idea of stretching their grant money further, according to one account. Part of the deal included promotional consideration of Gloria Wise's activities on Air America's programs.
Did that ever occur? If so, what was the benefit to Gloria Wise?
More importantly, has Air America paid back any of the money to date?
There are many more questions than answers at this point, but New York City's Department Of Investigation (DOI) is leading the effort to find out where the money went. Will indictments follow?
So far, the activity programs have been saved as other non-profit agencies scrambled to pick up the slack, while investigators look at Gloria Wise's records.
Cohen may be long-gone from Air America, but who else still at the network might have knowledge of this "investment"?
Has there been a media cover-up? In the Radio Equalizer's view, yes.
This has all the makings of a huge blogstorm. Hugh Hewitt is all over it, as is Michelle Malkin.
But the blogger who broke the story is Brian Maloney, at The Radio Equalizer. We'll see if the MSM jumps on this one. I wonder if it would get any coverage if these allegations were made about, oh, say, Rush Limbaugh, or Sean Hannity? I'm thinking you would have heard the story by now if it had.
And here's an editorial from the Washington Times explaining all this.
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